On August 15, 2025, BlackRock CEO Larry Fink was appointed interim co-chairman of the World Economic Forum (WEF) alongside Roche Vice-Chairman André Hoffmann, following an internal investigation that cleared WEF founder Klaus Schwab of material wrongdoing. Fink, leading the world’s largest asset manager with over $10 trillion in assets, is expected to steer the WEF toward deeper integration of finance and global policy, emphasizing sustainability and digital finance.
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